CANCUN FLOP
September 1st, 2003
BY KEITH NUTHALLTHE WORLD Trade Organisation (WTO) will over the next three months try to pick up the pieces from its failed summit in Cancun, Mexico. The meeting was effectively scuppered by the developing world, which refused to talk about writing rules on protecting investment rights into a new WTO agreement. Surprisingly, there had actually been significant progress at Cancun on the key agriculture talks that were the focus of diplomatic manoeuvring before the meeting, notably resulting in a EU-US joint paper on cutting food subsidies and tariffs. Although ...
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